The Fintech Times

FEBRUARY 4, 2025

Its offerings include digital business accounts, automated invoicing, expense tracking tools, and a seamless digital onboarding process. Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers financial solutions that look to support local businesses and fuel growth in Indias economy.

Micro-Entry 73

Micro-Entry Financial Inclusion Underserved Small Business 73

Lending Front

MAY 27, 2025

For decades, the Community Reinvestment Act (CRA) has served as a guiding framework to ensure banks meet the credit needs of all segments of their communities particularly low- and moderate-income (LMI) individuals and small businesses. They meet business owners in their moment of need, with seamless access and little friction.

Compliance 52

Compliance Technology Underserved Federal Reserve 52

PYMNTS

SEPTEMBER 20, 2016

The payments industry is a fairly large pie, but the way things are currently set up is skewed to favor larger vendors and businesses — a $4 trillion industry in the U.S. million small businesses make up about 26 percent of the overall payments industry but are responsible for 79 percent of its total fees.

Small Business 80

Small Business Business Payments RFP Processors 80

FICO

NOVEMBER 29, 2018

Small business credit access grew in 2018 and with modifications to the Small Business Administration (SBA) rules for more streamlined processing, access is predicted to grow. However, untapped opportunities for growth remain for startups and minority owned businesses as suggested in SBA research.

Small Business 67

Small Business Credit Union Underserved Community Banks 67

Fintech News

SEPTEMBER 19, 2024

The aim is to enhance financial access for underserved retail customers and small businesses. The consortium, which holds over 20 financial service licenses across five Asian markets, aims to create an AI-driven virtual bank that empowers underserved communities through advanced technology.

Underserved 130

Underserved Cross-Border Financial Inclusion Interoperability 130

Fintech Finance

JANUARY 13, 2025

With a network stretching across urban and rural areas, we can reach more people than ever, providing constant cash availability and valuable digital solutions, such as the Mukuru Wallet, to the underserved communities.

Financial Inclusion 98

Financial Inclusion End User Underserved Payroll 98

PYMNTS

OCTOBER 23, 2020

Mastercard is marking National Women’s Small Business Month by furthering its support of the female-founded impact investment platform CNote with an infusion of $20 million, the company announced Friday (Oct. This investment is part of Mastercard’s push to “help close the racial wealth and opportunity gap.”.

Visa 108

Visa Underserved Small Business Credit Union 108

Fintech News

JUNE 18, 2024

This investment from global nonprofit Accion aims to help Amartha expand its platform, offering a full range of financial products and services to underserved women-led small businesses in rural Indonesia using data and AI. Indonesian microfinance fintech company Amartha has secured a US$17.5

Underserved 113

Underserved Small Business AI Innovation 113

Fintech News

JULY 1, 2024

This funding will enable Validus’ Indonesian subsidiary, Batumbu , to expand its reach and support more local businesses. The collaboration between Oikocredit and Validus aims to address the significant SME funding gap in Indonesia, where many small businesses struggle to access funds from commercial banks due to data and risk issues.

Finance 113

Finance Security Underserved Financial Inclusion 113

The Fintech Times

MARCH 28, 2025

The company’s commitment to financial inclusion is evident in its pledge to connect one billion people to the digital economy by 2025, including 50 million small businesses and 25 million women entrepreneurs.

Financial Inclusion 69

Financial Inclusion Visa Cross-Border Cross-Border Payments 69

Finovate

MAY 10, 2024

Experian launched Cashflow Attributes, a tool to offer lenders more data about underserved consumers. Information services company Experian unveiled Cashflow Attributes yesterday, a new solution that leverages open banking to help underserved consumers access fair and affordable credit.

Underserved 59

Underserved Consumer Identity Theft Underwriting 59

The Fintech Times

JANUARY 15, 2024

As much as 88 per cent of small business owners acknowledge the value of having a mentor, but many don’t have the expertise or employees to turn to. Mastercard Small Business AI is a tool that harnesses the ability of artificial intelligence to deliver customised assistance for small business owners across the globe.

Small Business 59

Small Business Visa AI Underserved 59

PYMNTS

FEBRUARY 13, 2020

Small business owners have historically faced a unique challenge in the banking world: Financial institutions (FIs) can sometimes fail to clearly define their small business services, blurring the lines between personal and corporate banking and forcing an SMB to fit somewhere within that ambiguity.

Small Business 61

Small Business Payment APIs and Integration Economy Finance 61

Fintech News

DECEMBER 4, 2024

Source: Unsplash Small and medium enterprises are also getting in on the action. Fintech companies offering APIs and open banking standards have democratised access, allowing even small businesses to embed financial services without building them from scratch. What’s Next? Financial inclusion will remain a key focus.

Embedded Finance 113

Embedded Finance Finance Payment APIs and Integration BNPL 113

PYMNTS

AUGUST 3, 2020

Senator Marco Rubio of Florida, who spearheaded the landmark Paycheck Protection Program (PPP) to help small businesses survive the coronavirus pandemic, now has to organize further funding to help the still-ailing economy, The Wall Street Journal (WSJ) reported. But the crux of his plan was to hopefully help underserved communities.

Small Business 103

Small Business Financial Literacy Underserved Economy 103

The Fintech Times

APRIL 9, 2024

As BaaS evolves, it is helping fintech innovation reach new markets and underserved communities; which has the potential to greatly improve financial inclusion across the globe. BaaS means these businesses can focus on what makes them unique and inclusive.”

Financial Inclusion 122

Financial Inclusion Underserved Non-Bank Embedded Finance 122

Fintech News

JULY 30, 2024

Launched two years ago, GXS focuses on serving financially underserved groups, including gig economy workers and small businesses, primarily through the Grab app. According to Bloomberg , the bank’s losses expanded to US$152.1 million in 2023, up from US$113.7 million the previous year, as it accelerated its operations.

Underserved 109

Underserved Assessments Small Business Volume 109

Fintech News

SEPTEMBER 1, 2024

Harish Venkatesan Harish Venkatesan, Head of Corporate and Business Banking, HSBC Singapore said, “As one of the leading MSME digital financing players in the ASEAN region, we are pleased to support Validus in playing an instrumental role in promoting financial inclusion to underserved small businesses in this region.

Financial Inclusion 123

Financial Inclusion Underserved Small Business Finance 123

Fintech News

APRIL 29, 2024

The International Finance Corporation (IFC) has partnered with KB Kookmin Card (KBC), a South Korean credit card issuer, to enhance financial access for small businesses in Indonesia and promote digital inclusion in Thailand. ” said Moon Cheol KANG, Managing Director of KB Kookmin Card.

Card Issuer 121

Card Issuer Best Practices Underserved Small Business 121

PYMNTS

APRIL 15, 2020

For businesses that have not yet applied for a loan under the $350 billion federal stimulus program designed to mitigate the economic ravages of the coronavirus pandemic, it may be too late. As of Wednesday (April 15), the Small Business Administration (SBA) has approved $289 billion in loans for 1.3

Small Business 92

Small Business Underserved Treasury Mitigation 92

CB Insights

APRIL 11, 2018

Technology corporates and fintech startups alike are turning their attention to Main Street, and the financial needs of small and medium-sized businesses (SMBs). Want the full expert post? Become a CB Insights customer. If you’re already a customer, login here.

Small Business 46

Small Business Underserved FinTech Accounts 46

PYMNTS

MAY 4, 2017

Top FIs are rolling out their Small Business Week contributions. Capital One and Santander are two banks that both announced Wednesday (May 3) their perspective efforts to support small businesses as Small Business Week continues. So when small businesses flourish, everyone wins.

Small Business 40

Small Business Underserved Economy Industry Trends 40

PYMNTS

DECEMBER 27, 2019

SMBs have traditionally been underserved by Main Street banks and payment providers,” he said, adding that historically, the banking industry has positioned itself to service SMBs with physical bank branches. Connecting Through Data. The key to open banking’s rising adoption in the SMB financial services market, he said, is data integration.

Small Business 53

Small Business Payment APIs and Integration Credit Union Underserved 53

PYMNTS

JUNE 22, 2020

The nonprofit Opportunity Fund — which makes loans to small businesses owned by low- and moderate-income immigrants, women and other underserved clientele — started 2020 fairly optimistically. First, for every dollar someone invests in a small business, 50 percent to 60 percent of that stays in the local community, Urrutia said.

Small Business 98

Small Business Underserved Participant Governance 98

The Fintech Times

MARCH 26, 2024

These innovative technologies not only enable insurers to streamline operations and enhance customer experiences but also play a pivotal role in extending financial services to underserved communities. “These solutions enhance accessibility by providing digital insurance options tailored to the needs of underserved communities.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

Payments Source

SEPTEMBER 3, 2018

While there are automated reconciliation and straight-through processing (STP) solutions for large businesses, small businesses, in particular, continue to be underserved due to their smaller and less frequent invoices, contends Blair Jeffery, COO of Noventis.

Process 71

Process Underserved Reconciliation Digital Payments 71

PYMNTS

MAY 2, 2018

PayPal has announced the launch of its inaugural PayPal Small Business Month, aimed at bringing a new level of engagement to small and underserved businesses and their communities. The events will take place in Atlanta, Chicago, Houston, Minneapolis, Omaha, Oakland, Portland (Ore.), Washington D.C.

Small Business 41

Small Business PayPal Underserved Economy 41

PYMNTS

MARCH 19, 2020

The bank will extend small business loans and deposit accounts, Square said in a statement. “We We’re now focused on the work ahead to build out Square Financial Services and open our bank to small business customers.”. It will be a Square subsidiary and will work independently.

FDIC 110

FDIC Deposit Account Underserved Small Business 110

Lending Front

JUNE 6, 2021

But while the economy in general is expected to boom, many small businesses are still in recovery mode. Of course, many firms opted to apply for fully forgivable PPP loans instead of traditional loans, seeing as the second round of PPP had funds earmarked for underserved small businesses. Enter community banks.

Small Business 52

Small Business Community Banks Economy Non-Bank 52

Fintech News

NOVEMBER 20, 2024

An underserved B2B payment market Deng explained how his extensive experience in payment systems and money movement at organizations including Alipay and Visa motivated him to tap into the underserved B2B vertical. But in B2B payments, the size of that market is much larger, ten times larger than business-to-consumer (B2C).”

Cross-Border Payments 131

Cross-Border Payments Cross-Border B2B Due Diligence 131

PYMNTS

JUNE 19, 2020

More help for certain small business owners could be on the way if Congress approves another round of Paycheck Protection Program (PPP) loans. The Prioritized Paycheck Protection Program (P4) Act would allow businesses with fewer than 100 employees to get a second loan. In the House, U.S.

Small Business 91

Small Business Shutdown Underserved Treasury 91

Fintech News

DECEMBER 13, 2023

Operating in Indonesia, Singapore, Thailand, and Vietnam, Validus utilises proprietary data and AI to provide financing solutions to underserved SMEs. Validus has disbursed over US$3 billion in loans to small businesses across Southeast Asia since its establishment in 2015.

Due Diligence 109

Due Diligence Underserved Finance Small Business 109

Fintech Finance

MAY 29, 2025

A Payment Solution Tailored to Freelancers and Small Business Owners YowPay addresses the needs of merchants of all sizes—including freelancers, independent contractors, artisans, and small local businesses like plumbers, painters, or shop owners—who are looking for a simple, reliable, and instant way to receive payments.

Automation 89

Automation Online and Mobile Banking Payments Small Business 89

PYMNTS

JULY 9, 2020

adoption is typically limited to contexts in which an individual may be making a purchase in a retail setting on behalf of a company: a professional on a business trip paying for lunch, for instance, or a delivery driver refueling while on the road. ” Driving Small Business Growth. In some markets, like in the U.S.,

B2B 82

B2B Cross-Border Cross-Border Payments Small Business 82

Electronic Transactions Association

FEBRUARY 22, 2023

The report, Advancing Economic Inclusion—Empowering Underserved Communities with Fintech , highlights the innovative products and services revolutionizing the way commerce is conducted through safe, secure, convenient, and rewarding solutions.

Underserved 40

Underserved Online and Mobile Banking Financial Literacy FinTech 40

Tearsheet

JANUARY 28, 2025

We aim to be the largest and most secure platform for Americans to send money to people they know and love, and small businesses they trust. Their customers, who depend on those local banking relationships, are already underserved by the broader financial system and would be left further behind by the shift towards digital payments.

Zelle 52

Zelle Transactions Credit Union P2P 52

Fintech News

APRIL 24, 2025

This new asset class is designed to improve liquidity and make small business investing more efficient, while also providing business owners with scalable and impact-driven access to capital. It provides matchmaking services for individuals and small businesses, offering automated investment tools and customised loan options.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138